GT Capital Holdings Inc. announced a record core net income of P26 billion in the first nine months of 2025, representing a 21-percent year-on-year increase on the strong performance of its core operating companies.
The holding company’s main subsidiaries, Metropolitan Bank and Trust Company (Metrobank) and Toyota Motor Philippines (TMP), reported significant earnings.
Metrobank posted a record net income of P37.3 billion, while TMP earned a record P16.8 billion in the first three quarters.
GT Capital associate Metro Pacific Investments Corp. (MPIC) also bolstered the overall performance, reporting a core net income of P23.6 billion in the nine-month period.
GT Capital president Carmelo Maria Luza Bautista said the performance was supported by the Philippine economy which grew by 4 percent in the third quarter of 2025.
“Loan growth and continued motorization drove the businesses of our main operating companies. As we enter the last quarter of the year, global and domestic headwinds are beginning to slow economic activity,” Bautista said.
He said the company’s growth momentum should allow it to post record earnings for 2025, backed by strong fundamentals including healthy consumer demand from seasonal spending, manageable inflation, lower interest rates and steady overseas Filipino worker (OFW) remittances.
Metrobank’s P37.3 billion in record net earnings was driven by solid loan growth, an improving margin trend, healthy trading income alongside well managed cost growth.
The bank’s pre-provision operating profit grew 12.1 percent year-on-year to P59.2 billion, with net interest income increasing by 7.1 percent to P91.8 billion.
TMP’s net income climbed 38.1 percent to P16.8 billion as consolidated revenues rose 11.6 percent to P199.6 billion. The strong result is attributed to robust unit sales volume, model mix improvements and a favorable foreign exchange environment.
TMP maintained its leadership in the Philippine automotive market with a 45.6 percent share and retail sales of 164,797 units, a rise of 3.6 percent from the previous year.
TMP president Masando Hashimoto said the sustained performance reflects the enduring trust of their customers and is expected to build momentum from stronger consumer spending during the holiday season and the introduction of the All-New Toyota ATIV.
MPIC sustained strong growth, reporting a double-digit increase in core net income to P23.6 billion. This was fueled by robust growth in Meralco’s power generation business, higher tariffs at Maynilad and rising patient volumes across the Metro Pacific Hospitals network.
AXA Philippines Life and General Insurance Corp. recorded a 3.5-percent rise in net income to P2.1 billion for the period, led by stronger margins in its life business and a turnaround in general insurance.
Federal Land NRE Global Inc. (FNG), the joint venture between GT Capital’s property subsidiary Federal Land Inc. and Japan’s Nomura Real Estate Development Co. Ltd., reported a 26-percent year-on-year growth in sales. Contributing factors were the brisk sales of its flagship development, The Observatory, and the full sellout of the first commercial district at Riverpark North in May 2025.
